511 N Shore Drive, Waverly, MN 55390

$2,000,000
Property Type: Residential Bedrooms: 4 Baths: 7 Square Footage: 7,107 Lot Size (sq. ft.): 20,909 Status: Active
Current Price: $2,000,000 List Date: 5/29/2026 Last Modified: 6/02/2026

Overview

Description

Experience luxury lakeshore living at its finest in this stunning executive two-story home on beautiful Waverly Lake, offering 85 feet of meticulously maintained shoreline and your very own sandy beach. Perfectly positioned with western exposure, this property delivers breathtaking sunset views and 6,434 finished square feet of quality craftsmanship, thoughtful design, and incredible spaces to enjoy lake living year-round. From the moment you pull in the driveway, the attention to detail stands out. Professionally redesigned landscaping completed in 2023, elegant under-soffit lighting, durable James Hardie siding, Andersen Windows, and a new 45-year presidential roof installed in 2024 create exceptional curb appeal and long-lasting quality. The attached heated 3-stall garage features epoxy floors, in-floor heat, sink, and plenty of storage. The detached 30x30 garage is equally impressive with epoxy floors, in-floor heat, mini-split A/C, half bath, bonus room above, and separate stora ...

Listing Details MLS# 7081523

General Property Information

Common Wall
No
Lot Measurement
Acres
Manufactured Home?
No
Multiple PIDs?
No
New Development
No
Number of Fireplaces
2
Road Btwn WF & Home?
No
Waterfront Frontage
85
Waterfront YN
Yes
Year Built
2008
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Bath Full
Yes
Bath Three Quarters
4
Bath Half
Yes
Main Floor Total SqFt
2428
Above Grd Total SqFt
4738
Below Grd Total SqFt
2369
Total SqFt
7107
Total Finished Sqft
6434.00
FireplaceYN
Yes
Lake/Waterfront Name
Waverly
Bath Quarter
Yes
Style
(SF) Single Family
Foundation Size
2369
Power Company
Xcel Energy
Garage Stalls
6
Lot Dimensions
85x250x85x247
Acres
0.48
Assessment Pending
Yes
Association Fee
0

Property Features

Accessible: None Air Conditioning: Central Air; Geothermal; Zoned Amenities Unit: Ceiling Fan(s); Deck; Exercise Room; French Doors; Hardwood Floors; Kitchen Center Island; Main Floor Primary Bedroom; Outdoor Kitchen; Paneled Doors; Patio; Porch; Primary Bedroom Walk-In Closet; Sun Room; Tile Floors; Vaulted Ceiling(s); Walk-In Closet; Washer/Dryer Hookup; Wet Bar Appliances: Central Vacuum; Dishwasher; Disposal; Dryer; Microwave; Range; Refrigerator; Washer; Wine Cooler Basement: Drain Tiled; Full; Sump Pump; Tile Shower Bath Description: Double Sink; Main Floor 1/2 Bath; Main Floor 3/4 Bath; Upper Level 3/4 Bath; Upper Level Full Bath; 3/4 Primary; Private Primary; 3/4 Basement; Bathroom Ensuite; Walk-In Shower Stall Construction Materials: Concrete; Frame Construction Status: Previously Owned Dining Room Description: Kitchen/Dining Room Electric: 200+ Amp Service; Circuit Breakers Elevation Highpoint to Waterfront Slope: Level Exterior: Brick/Stone; Cement Board Family Room Characteristics: 2 or More; Family Room; Great Room; Lower Level Fencing: None Fireplace Characteristics: Family Room; Gas Burning; Living Room; Stone Foundation: Poured Concrete Fuel: Natural Gas Heating: Forced Air; Geothermal; In-Floor Heating; Zoned Internet Options: Fiber Optic; Satellite Lake Details: Gravel; Hard; Rocky Laundry: Electric Dryer Hookup; Laundry Room; Main Level; Washer Hookup Lock Box Type: Supra Lot Description: Accessible Shoreline; Tree Coverage - Light Outbuildings: Additional Garage Parking Characteristics: Finished Garage; Floor Drain; Garage Door Opener; Heated Garage; Insulated Garage Pool Description: None Road Frontage: City Street; Paved Streets Roof: Age 8 Years or Less; Asphalt Shingles; Pitched Sellers Terms: Cash; Conventional Sewer: City Sewer - In Street Special Search: 3 BR on One Level; All Living Facilities on One Level; Main Floor Laundry; Main Floor Primary; Primary Bdr Suite Stories: Two Water: City Water - In Street Waterfront View: Bay; West

Contract Information

Contingency
None
Original List Price
2000000
ListPrice
2000000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
511
Street Direction Prefix
N
Street Name
Shore
Street Suffix
Drive
Postal City
Waverly
County
Wright
State
MN
Zip Code
55390
Complex/Dev/Subdivision
North Waverly Shore

Assessments

Assessment Balance
190
Tax With Assessments
14988

Building Information

Finished SqFt Above Ground
4260
Finished SqFt Below Ground
2174

More Information

Elevation Highpoint to Waterfront Feet

Elevation Highpoint Waterfront Feet
10-15

Lake Details

Lake Acres
493
Lake Depth
70
Gravel
Yes
Hard
Yes
Rocky
Yes

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Square Feet
1092
Finished Garage
Yes
Floor Drain
Yes
Garage Door Opener
Yes
Heated Garage
Yes
Insulated Garage
Yes

Public Survey Info

Range#
26
Section#
33
Township#
119

Office/Member Info

Association
MAAR

Location, Tax and Other Information

AssocFeeYN
No
Legal Description
SECT-33 TWP-119 RANGE-026 NORTH WAVERLY SHORE LOT-037 N55FT OF LT37 ALSO S1/2 OF LT38
Listing City
Waverly
Map Page
72
Municipality
Waverly
School District
Howard Lake-Waverly-Winsted
School District Phone
320-543-3521
DNR Lake ID#
86011400
DNR Lake Classification
General Development
Zip Plus 4
5514
Property ID Number
116016000370
Tax Year
2026
Tax Amount
14798
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Experience luxury lakeshore living at its finest in this stunning executive two-story home on beautiful Waverly Lake, offering 85 feet of meticulously maintained shoreline and your very own sandy beach. Perfectly positioned with western exposure, this property delivers breathtaking sunset views and 6,434 finished square feet of quality craftsmanship, thoughtful design, and incredible spaces to enjoy lake living year-round. From the moment you pull in the driveway, the attention to detail stands out. Professionally redesigned landscaping completed in 2023, elegant under-soffit lighting, durable James Hardie siding, Andersen Windows, and a new 45-year presidential roof installed in 2024 create exceptional curb appeal and long-lasting quality. The attached heated 3-stall garage features epoxy floors, in-floor heat, sink, and plenty of storage. The detached 30x30 garage is equally impressive with epoxy floors, in-floor heat, mini-split A/C, half bath, bonus room above, and separate storage for lawn equipment — perfect for hobbies, toys, a workout area, or additional entertaining space. Step inside and you are immediately welcomed by soaring 19-foot ceilings in the foyer and living room, stunning lake views, and natural light pouring through expansive windows. The recently remodeled main level (2023) perfectly blends warmth and luxury with white oak flooring, oversized 7-inch enameled base trim, 8-foot solid core doors, custom built-ins, white maple cabinetry, and beautiful quartzite countertops throughout. The remainder of the main floor features 9-foot ceilings, creating an open and spacious feel in every room. The kitchen was designed to be both functional and impressive, featuring a massive center island, premium Wolf appliances, Sub-Zero refrigerator, dry bar, dual beverage drawers, wine fridge, and extensive custom cabinetry. Just off the kitchen, the sunroom provides panoramic lake views and the perfect spot for morning coffee or winding down at the end of the day. Step out onto the maintenance-free deck, rebuilt in 2023, and take in some of the best sunset views Waverly Lake has to offer. Privately tucked away on the main floor, the primary suite feels like its own retreat with a tray vault ceiling, white oak floors, and a spa-like bathroom featuring heated tile floors, under-vanity lighting, quartzite countertops, and a walk-in shower with rain head. The spacious walk-in closet offers custom shelving and organization throughout. The main floor also includes a beautiful executive office complete with granite countertops and custom built-ins, creating an ideal work-from-home setup. Upstairs, all three bedrooms feature their own private en-suite bathrooms with granite countertops, tiled showers, tile flooring, and custom vanities. Above the attached garage, the large bonus room offers endless flexibility as a second family room, game room, play area, or man cave. The walkout lower level was built for entertaining with soaring 10-foot ceilings, knotty alder trim and doors, custom built-ins, oversized lake-facing windows, full wet bar with granite countertops, full-size refrigerator, dishwasher, theater room with seating for seven plus eat-up bar, workout/flex room, and a beautifully finished bathroom with walk-in stone shower and dual heads. Step outside to your private lakeside patio featuring travertine stone, retractable awning, gas fire pit, and gas line for grilling. Between the sandy beach, incredible entertaining spaces, high-end finishes, and breathtaking sunsets, this home truly captures everything people love about lake life.
Directions
From Hwy 12, North on 4th Street, East on Atlantic Ave, North on 2nd St/Dempsey Ave, West on North Shore Drive

Accessible

None
Yes

Air Conditioning

Central Air
Yes
Geothermal
Yes
Zoned
Yes

Amenities Unit

Ceiling Fan(s)
Yes
Deck
Yes
Exercise Room
Yes
French Doors
Yes
Hardwood Floors
Yes
Kitchen Center Island
Yes
Main Floor Primary Bedroom
Yes
Outdoor Kitchen
Yes
Paneled Doors
Yes
Patio
Yes
Porch
Yes
Primary Bedroom Walk-In Closet
Yes
Sun Room
Yes
Tile Floors
Yes
Vaulted Ceiling(s)
Yes
Walk-In Closet
Yes
Washer/Dryer Hookup
Yes
Wet Bar
Yes

Appliances

Central Vacuum
Yes
Dishwasher
Yes
Disposal
Yes
Dryer
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes
Wine Cooler
Yes

Basement

Drain Tiled
Yes
Full
Yes
Sump Pump
Yes
Tile Shower
Yes

Bath Description

Double Sink
Yes
Main Floor 1/2 Bath
Yes
Main Floor 3/4 Bath
Yes
Upper Level 3/4 Bath
Yes
Upper Level Full Bath
Yes
3/4 Primary
Yes
Private Primary
Yes
3/4 Basement
Yes
Bathroom Ensuite
Yes
Walk-In Shower Stall
Yes

Construction Materials

Concrete
Yes
Frame
Yes

Construction Status

Previously Owned
Yes

Dining Room Description

Kitchen/Dining Room
Yes

Electric

200+ Amp Service
Yes
Circuit Breakers
Yes

Elevation Highpoint to Waterfront Slope

Level
Yes

Exterior

Brick/Stone
Yes
Cement Board
Yes

Family Room Characteristics

2 or More
Yes
Family Room
Yes
Great Room
Yes
Lower Level
Yes

Fencing

None
Yes

Fireplace Characteristics

Family Room
Yes
Gas Burning
Yes
Living Room
Yes
Stone
Yes

Foundation

Poured Concrete
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes
Geothermal
Yes
In-Floor Heating
Yes
Zoned
Yes

Insurance Fee

Insurance Fee
0

Internet Options

Fiber Optic
Yes
Satellite
Yes

Laundry

Electric Dryer Hookup
Yes
Laundry Room
Yes
Main Level
Yes
Washer Hookup
Yes

Lock Box Type

Supra
Yes

Lot Description

Accessible Shoreline
Yes
Tree Coverage - Light
Yes

Outbuildings

Additional Garage
Yes

Patio, Porch and Deck Features

Awning(s)
Yes
Covered
Yes
Deck
Yes
Front Porch
Yes
Patio
Yes

Pool Description

None
Yes

Road Frontage

City Street
Yes
Paved Streets
Yes

Roof

Age 8 Years or Less
Yes
Asphalt Shingles
Yes
Pitched
Yes

Sellers Terms

Cash
Yes
Conventional
Yes

Sewer

City Sewer - In Street
Yes

Special Search

3 BR on One Level
Yes
All Living Facilities on One Level
Yes
Main Floor Laundry
Yes
Main Floor Primary
Yes
Primary Bdr Suite
Yes

Stories

Two
Yes

Water

City Water - In Street
Yes

Waterfront View

Bay
Yes
West
Yes

Room Information

Room Name Dimensions Level
Bonus Room 30x15 Upper
Dining Room 15x10 Main
Exercise Room 16x14 Lower
Family Room 27x21 Lower
First (1st) Bedroom 15x17 Main
Fourth (4th) Bedroom 14x12 Upper
Kitchen 21x13 Main
Laundry 8x11 Main
Living Room 20x17 Main
Media Room 22x14 Lower
Office 13x15 Main
Second (2nd) Bedroom 15x13 Upper
Third (3rd) Bedroom 14x12 Upper
IDX
Listing Office: Coldwell Banker Realty
Last Updated: June - 02 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

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